2141 137th AveDorrMI49323
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Dorr at 2141 137th Ave, Dorr, MI, 49323 uses $155,772 cash to close to unlock $8,102/yr annual cash flow and $675/mo monthly cash flow. Total monthly income runs $3,774/mo, and a $2,300/mo payment keeps the spread at $675/mo. Purchase price stands at $469,900, and rental yield measures 9.64% with $3,774/mo rent. Return on cash invested shows 25.11% in year one, and 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 131.29% and total cumulative return in cash records $204,506. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,774/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 2001
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49323, Dorr, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,890 (100%) |
| Owner Occupied HU | 3,447 (88.6%) |
| Renter Occupied HU | 222 ( 5.7%) |
| Vacant Housing Units | 221 ( 5.7%) |
| Median Home Value | $285,462 |
| Average Home Value | $315,355 |
Housing Distribution
Address Breakdown
Residential
3,611
Single Family
3,611
Multi-Family
0
Businesses
159
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